Proposed “Millionaire Taxes”? | The Daily Upside

Proposed “Millionaire Taxes”?

Don’t make permanent decisions based on temporary headlines.

Tax proposals create noise and urgency. Our role is to help clients slow down, assess real exposure, and act only when clarity exists.

Featured insight from The Daily Upside, featuring Scott Schwartz, Managing Partner, OnePoint BFG Wealth Partners

The perspective

In a recent Daily Upside article, Scott shared our approach:

“These are still proposals. Until there is final legislation, we are advising clients not to react.”

For high-net-worth families, reacting too early can be more damaging than waiting. Relocation, restructuring, or major tax moves should be driven by planning, not headlines.

How we help

A disciplined approach to tax uncertainty

• Separate what is proposed from what is probable
• Model after-tax outcomes across multiple scenarios
• Focus on planning levers that compound over time
• Coordinate with your CPA and estate attorney
• Avoid irreversible decisions before rules are final

If you are concerned about how potential tax changes may affect your wealth, now is the right time for a review, not a reaction.

Investment advisory and financial planning services are offered through Bleakley Financial Group, LLC, an SEC-registered investment adviser, doing business as OnePoint BFG Wealth Partners (“OnePoint BFG”).

This material is for informational purposes only and is not intended to provide tax, legal, or investment advice. Any discussion of tax planning strategies is general in nature and does not consider the specific circumstances of any individual. Clients should consult with their tax advisor, attorney, or other professionals regarding their specific situation.

The views expressed are subject to change and are not guarantees of future outcomes. Nothing contained herein should be construed as a recommendation or solicitation to buy or sell any security or to adopt any particular investment or tax strategy. Past performance is not indicative of future results.

 OP 26-0044